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~ ~ ~.tv~r~~r rrith t~?~ imprar?ement~ erscted oa •~ucb pr~mt~e~ ior a
~ tarm oi oa~e (1) year, co~eatnencing on I1[arcb i, 19Q5. .
~ Z. Ii the I~essee ia aot in detault uader ar~y pro~vi~ion~
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ai thi~ Lease, tha Le~~ee may renew thi~ L.eaae ior an additional -
term oi five (5) ya~arr at the rental and upon the ~a~oae term~
. aad conditiaas, e~rcaPti~ajB onl,y' the provietans oi this paraQrapb .
providing ~or the ~aid renev?al. ter:a. I! Leese~ elects to ezer+ciae
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thir aption to renew, the Leaeee ehall give the Leesor written ~
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~ noti,ce by certified mail, return receipt requested, of a~ch exercise .
prior to January 31, 18~6.
~ . 9. The ]Le~aee ~1 +wnd heraby covea~rnts to paX to the ~
L.~r~or w~rent, the moathly aum of Two Htiadred Fitty ($25Q.00)
` Doll~ra,, Said rent sb~ll be pay~ble on b[arch 1, 1~65, a?nd an the .
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lYret oi ea~ch r~nonth thereaiter. The rent ior the month oi ~arcb, 1865,~ .
~ i$ bereby ackaovo?ledged to have been paid by tbe Leo~eee aad recefved
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` ? by thc L~saor.
4. The Leueee agreses aud coeenanta to pay all tazes
~ + levied ~r aaae~sed againet the person~l property or equiprne~ ,
maintained or kept on the demiaed premises by the Leseee.
S, The Leesor n~rees sad covenants to pay all tazes lovied "
~ or a~~esoed a~sinet the real property a~d improve~ents erected thereon,
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; hereby demlaed aad Ieas~d. ~ ~
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- 6. It is iurther underetood and agreed between tl~e Lessor
and the Leusee~ that all ta~nk8, PamPa. PiPin~. bOistai, aqnlpmeat, _
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~ , maehinery aud appar~tus oi any kitid or ~ture erectedo conatructed, ~
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. oank or installed on t~e premieee by tt~e I~eeeee or wbich were an the ~
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. premioes and p+nrch~?aed by the Lesrrec st the t!m?e this lea~e was enterad
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